Floundering Crypto Miners Finding Lifelines in AI Companies

Wednesday, 17 July 2024, 22:48

Crypto miners are turning to AI firms in an effort to increase their earnings during a time of heightened interest in GPU utilization. By striking agreements with AI developers and leveraging the growing need for powerful GPUs, miners aim to revitalize their struggling operations. The synergy between the cryptocurrency mining and AI sectors presents a strategic opportunity for both industries to thrive together.

Pymnts — Floundering Crypto Miners Finding Lifelines in AI Companies

Floundering Crypto Miners Look For AI Company Lifelines

Crypto miners are reportedly trying to boost their revenues by forging deals with AI developers and capitalizing on rising demand for GPUs.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Floundering Crypto Miners Look For AI Company Lifelines

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